SK hynix, one of the three biggest memory manufacturers (along with Samsung and Micron), seems to be investing a lot of money into AI, and the South Korean government is happy to see that renewed investment. This time, it's to the tune of 100 trillion won (or $65 billion as of the time of writing).
As reported by Reuters, SK hynix is looking to build new chip plants with that funding, one of which will be for storage chips. 80 trillion won (around $52 billion) will be spent on NAND flash memory production, and 20 trillion won (around $13 billion) will be spent on a chip packaging plant that is estimated to be operational by late 2027.
South Korea is becoming one of the major players in the AI boom. Just last week, South Korea's president declared it will invest over half a trillion dollars into the AI chip industry, with SK hyni...
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